Axsome settles Auvelity patent litigation with Teva, delaying a generic launch until 2038. Analysts see growth potential with Symbravo's migraine approval.
Shares in the brain drug developer rose by more than 20% Monday on news of the deal, which will forestall Teva's generic copy of Auvelity from entering the U.S. market until at least 2038.
Beacon's recent filings indicate no viable third-party alternative to QXO's premium offer. Beacon's 14D-9 filing has not disclosed any competing offers, or even a single NDA being signed.